Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

I find this to be especially true in New England. It seems that people put so much faith in others because they think they are smart or they went to the "right" college when they were a pimple faced teenager.

We act like only a scholar that went to Harvard can figure out to solve the financial crises we are in. When in reality, this dumb fuck is just printing worthless money and pumping it into the economy.

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

Stock market soars because of the injection of freashly printed money to try and save the last place that anyone has any money by default through 401K's and IRA's. Because if the markets fail, life as we know it is over.

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

It is so ridiculous really. I guess 3rd time is the charm?

And here we go. Courtesy of Greg Robb: "The Federal Reserve stands ready to act to protect the financial system and the economy in the event that financial stresses from the European crisis escalate, Fed Chief Ben Bernanke said Thursday.

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

Bernanke certainly didn't promise imminent action. He didn't quash any QE3 or Twist 2 hopes either. He said economic growth is still expected at a moderate pace. But he again talked about his view that some previous hiring was just a catch-up phenomenon. "If so, the deceleration in employment in recent months may indicate that this catch-up has largely been completed, and, consequently, that more-rapid gains in economic activity will be required to achieve significant further improvement inlabor market conditions," Bernanke said.

And how would that economic activity become more rapid? That's left unsaid. But implication is clear, more Fed action.

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

I find this to be especially true in New England. It seems that people put so much faith in others because they think they are smart or they went to the "right" college when they were a pimple faced teenager.

We act like only a scholar that went to Harvard can figure out to solve the financial crises we are in. When in reality, this dumb fuck is just printing worthless money and pumping it into the economy.

Quoting: Anonymous Coward 2364968

THE DAYS OF FOOLING THE MASSES BE QE (MONEY PRINTING) ARE OVER.. NOTHING EVEN THE FED CAN DO TO STOP IT.. DOOM IS HERE! THEY HAVE TO SECURE THEIR SELFISH INTERESTS.

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

Just look at the graph of the Dow. It's current rise is simply on the faith that more money will be printed. Weighed down by an ocean of debt and a few blind words bring it up swiftly. Once reality sets in it will drop just as sharply.

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

I find this to be especially true in New England. It seems that people put so much faith in others because they think they are smart or they went to the "right" college when they were a pimple faced teenager.

We act like only a scholar that went to Harvard can figure out to solve the financial crises we are in. When in reality, this dumb fuck is just printing worthless money and pumping it into the economy.

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

When more money is printed it is stealing from the lower and middle class and giving more to the rich (the investors and CEOs)... The market is happy becuase they are theives and are actually the worthless eaters making a living stealing from the rest of us!

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

When more money is printed it is stealing from the lower and middle class and giving more to the rich (the investors and CEOs)... The market is happy becuase they are theives and are actually the worthless eaters making a living stealing from the rest of us!

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

The market continues to lose steam, and the Nasdaq is in fact lower. Here's Ian Shepherdson of High Frequency Economics on Bernanke's testimony: "If the sky falls in the Fed will do whatever it takes to protect the U.S. In the meantime, no hint of further Twist; slightly surprising."

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

I find this to be especially true in New England. It seems that people put so much faith in others because they think they are smart or they went to the "right" college when they were a pimple faced teenager.

We act like only a scholar that went to Harvard can figure out to solve the financial crises we are in. When in reality, this dumb fuck is just printing worthless money and pumping it into the economy.

Quoting: Anonymous Coward 2364968

Bravo!

I love watching the pumptards on CNBC and MSNBC get all wet talking about QE3. As if it's some 'great idea' that was thought up by a genius who can't even figure out how to dial the hair club for men or open the nozzle on some Rogain.

(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.American Jedi

Re: Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?

I find this to be especially true in New England. It seems that people put so much faith in others because they think they are smart or they went to the "right" college when they were a pimple faced teenager.

We act like only a scholar that went to Harvard can figure out to solve the financial crises we are in. When in reality, this dumb fuck is just printing worthless money and pumping it into the economy.

Quoting: Anonymous Coward 2364968

Not funny, but pathetic I'd say. When the sharks know that more cash is about to be thrown into the water they frenzy it up in the hope that they can lure the mindless, greedy dumbass types into the water and then feed on their sorry carcasses. But I don't think this is like the 20's when regular people had money in the market. I believe the bulk of the invested are mega-rich and big hedge funds types. Most regular people are on the sidelines with 401k's and FedMM's, that's why the government has bee toying with the idea of taking the 401k's over.

In any case the stock market is a sham if you ask me. The country could collapse into chaos and it could very well top 15,000, after all, all the boys at Goldman have to do is enter a closing numer, right? Can anyone say, "Market Manipulating Software"?